document.write( "Question 85990: An investment club wants to invest $17,000 in two simple interest accounts. One account earns 6.5% annual simple interest and the other account earns 8.3% annual simple interest. How much should be invested in each account so that both accounts earn the same annual interest? \n" ); document.write( "
Algebra.Com's Answer #62164 by checkley75(3666)![]() ![]() ![]() You can put this solution on YOUR website! .083X=.065(17000-X) \n" ); document.write( ".083X=1105-.065X \n" ); document.write( ".083X+.065X=1105 \n" ); document.write( ".148X=1105 \n" ); document.write( "X=1105/.148 \n" ); document.write( "X=7466.22 AMOUNT TO BE INVESTED @ 8.3% \n" ); document.write( "17000-7466.22=9533.78 INVESTED @ 6.5% \n" ); document.write( "PROOF \n" ); document.write( ".083*7466.22=.065*9533.78 \n" ); document.write( "619.70=619.70 \n" ); document.write( " \n" ); document.write( " |